Nonsanctioned leadership is usually less important than formal influence
Indicate whether the statement is true or false
FALSE
Explanation: Nonsanctioned leadership–the ability to influence that arises outside the formal structure of the organization–is often as important as, or more important than, formal influence. In other words, leaders can emerge from within a group as well as by formal appointment.
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A corporation purchases a parcel of land. The corporation is owned by five stockholders, each owning an equal interest. Because a corporation is legal entity, title to the land owner by i is taken in:
A. Severalty. B. Partnership. C. Trust. D. Joint tenancy
If a corporate bond is issued with a coupon rate that varies directly with the required return, the price of the bond will ________
A) equal the face value B) be less than the face value C) be greater than the face value D) be greater than or less than the face value depending on how interest rates vary